Manager of Property Accounting

Bill Watts at Robert Half is partnering with a growing real estate company who are seeking an experienced and hands-on Manager of Property Accounting to lead the accounting and financial reporting function for a growing portfolio of commercial real estate assets. This role will oversee property accounting operations, manage a team of property accountants, ensure accurate and timely financial reporting, and partner closely with Asset Management, Property Management, and executive leadership.

The ideal candidate will have a strong foundation in commercial real estate accounting, leadership experience, and a passion for building scalable processes within a high-growth environment.

Key Responsibilities

Property Accounting & Financial Reporting

• Manage the month-end, quarter-end, and year-end close processes for a portfolio of commercial real estate properties.
• Review and approve property-level financial statements, balance sheet reconciliations, variance analyses, and supporting schedules.
• Ensure timely and accurate preparation of monthly, quarterly, and annual financial reporting packages.
• Oversee accounting for acquisitions, dispositions, tenant improvements, capital expenditures, and lease transactions.
• Monitor and maintain property-level budgets, forecasts, and cash flow reporting.
• Lead, mentor, and develop a team of Property Accountants and Senior Property Accountants.
• Establish performance expectations, provide coaching, and support career development.
• Improve departmental workflows and implement best practices to support portfolio growth.

Operational & Technical Accounting

• Ensure compliance with U.S. GAAP and company accounting policies.
• Review CAM reconciliations, tenant billings, lease administration accounting, and operating expense recoveries.
• Coordinate annual audits and support relationships with external auditors, lenders, and investors.
• Assist with property acquisitions, due diligence reviews, and integration of newly acquired assets.
• Partner with Property Management and Asset Management teams to analyze property performance and operating results.

Process Improvement & Systems

• Identify opportunities to automate and streamline accounting processes.
• Drive improvements in internal controls, financial reporting accuracy, and operational efficiency.
• Support ERP and property management system enhancements and implementations.
• Develop scalable accounting policies and procedures to support continued growth.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of property accounting experience
• Commercial real estate accounting experience preferred but will consider only residential.
• Strong understanding of property accounting, lease accounting, CAM reconciliations, tenant billings, and financial reporting.
• Experience with commercial office, industrial, retail, mixed-use, or multifamily portfolios.
• Proficiency with Yardi, MRI, Real Page, Entrata, or similar property management/accounting systems preferred.
• Advanced Microsoft Excel skills.
• Strong analytical, organizational, and communication skills.

Preferred Experience

• Experience supporting institutional investors, REITs, private equity real estate firms, or large commercial property portfolios.
• Background participating in acquisitions, property transitions, and portfolio growth initiatives.
• Experience improving processes and leading teams within a fast-paced, entrepreneurial environment.

What Success Looks Like

• Accurate and timely completion of monthly financial reporting.
• Strong internal controls and accounting compliance across the portfolio.
• Well-developed and engaged accounting team.
• Scalable accounting processes that support continued company growth.
• Trusted business partner to operations, asset management, and executive leadership.